Lesaffre acquires Serbian yeast extract facility from Alltech
12 Feb 2018 --- French yeast manufacturer, Lesaffre, has acquired Alltech’s yeast extract facility in Serbia. The transaction is in line with Alltech’s continued focus on its core business in animal and crop nutrition.
“On the yeast extracts and its derivatives market, Lesaffre is recognized as a reliable partner with expertise in producing tailor-made solutions,” says Antoine Baule, CEO Lesaffre. “This acquisition will strengthen our presence in this market. In fact, now with eight facilities established around the world (Western and Eastern Europe, China, United States, Brazil), we are all the more committed to meeting our customer specific needs globally.”
FoodIngredientsFirst has reached out to Lesaffre for further details.
The Serbian facility, located in Senta, will now be called Biospringer RS, and will continue to produce baker’s yeast for the Serbian market as well as yeast extracts for food and animal feed industries. It was essential for Alltech to secure the long-term future of the Serbian facility and the members of staff employed.
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